Construction

"A 'Cost To Build' Crisis": GTA New Home Sales Down 70% Over Last September
Real Estate News

"A 'Cost To Build' Crisis": GTA New Home Sales Down 70% Over Last September

"With land, labour, and material prices being what they are, it is very difficult to build a new home at a cost that the market will readily absorb – and this issue is manifesting itself in the form of low sales," says Justin Sherwood, BILD's SVP of Communications & Stakeholder Relations.

Office

JLL Calls For 'Full Repeal' Of Office Replacement Bylaw Ahead Of City Deliberations

Ahead of final policy recommendations regarding the Office Replacement Bylaw to be considered by Planning and Housing in Q4, JLL has released a study calling for a "full and unconditional repeal of the Office Replacement Bylaw to unleash supply."

Development Projects

This Futuristic Development Could Bring 1,782 New Units To Front Street

A shiny new development proposed by H&R REIT could one day transform Toronto's downtown skyline with its contemporary, golden exterior and striking heights.

Construction

Metro Vancouver Housing Deficit Grows To Over 45,000 Homes

While the pace of homebuilding has increased, it has not been able to keep up with the pace of population growth.

Construction

Inside The Cost-Profit Analysis Of Three-Bedroom Units In Metro Vancouver

​Three-bedroom units are oftentimes essentially subsidized by the studio and one-bedroom units, developers say.

Construction

Housing Starts Still 'Well Below Required Amount' Despite 5% Increase In September

Bottom line: we are not producing enough housing, especially in Ontario and BC where housing affordability is at its lowest.

Construction

Toronto Ranks Highest For Cranes Across Major US And Canadian Markets (Again)

In Toronto’s downtown core alone, the number of cranes in the third quarter was almost twice that of its nearest competitor.

Construction

Wesgroup SVP Of Development Brad Jones On The Challenges With DCCs, REDMA

​A group of developers, led by Wesgroup, recently launched a campaign against the upcoming increases to Metro Vancouver's DCCs.

Construction

‘There’s Going To Be A Crisis’: New Condo Construction Is Heading Toward A Cliff

“This is not something where you can flick a switch and all of a sudden we have deliveries. We know that if we're not starting anything in ‘25, there are going to be no deliveries in ‘28.”

Construction

High Land Costs In Vancouver Pushing Condo Projects Out To Suburbs: CMHC

​The City of Vancouver is leading the region in rental housing starts, while condominium developments are moving out to suburbs like Burnaby and Surrey.

Construction

Gap Between Population Growth And GTA Housing Stock At 50-Year High

"This is a bright red warning light on the dashboard for all levels of government. Without bold steps, the housing crisis in the GTA is going to get far worse in the years ahead," says President and CEO of BILD David Wilkes.